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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Median PS Value : $0.00 (As of Jun. 08, 2024)


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What is First Trust Specialty Fnc & Fncl Oppor Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First Trust Specialty Fnc & Fncl Oppor's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.557. First Trust Specialty Fnc & Fncl Oppor's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-08), First Trust Specialty Fnc & Fncl Oppor's share price is $3.85. First Trust Specialty Fnc & Fncl Oppor's Median PS Value is $0.00. Therefore, First Trust Specialty Fnc & Fncl Oppor's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for First Trust Specialty Fnc & Fncl Oppor's Median PS Value or its related term are showing as below:

FGB's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

First Trust Specialty Fnc & Fncl Oppor Median PS Value Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Specialty Fnc & Fncl Oppor Median PS Value Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Median PS Value
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First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's Median PS Value

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Specialty Fnc & Fncl Oppor's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's Price-to-Median-PS-Value falls into.



First Trust Specialty Fnc & Fncl Oppor Median PS Value Calculation

First Trust Specialty Fnc & Fncl Oppor's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.557*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Specialty Fnc & Fncl Oppor's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.557.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Specialty Fnc & Fncl Oppor  (NYSE:FGB) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First Trust Specialty Fnc & Fncl Oppor's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.85/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Specialty Fnc & Fncl Oppor Median PS Value Related Terms

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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer other: Officer-Invest. Sub-Advisor 50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar other: Officer - Invest. Sub-Advisor
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc other: Investment Sub-Adviser 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119

First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Headlines

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